According to SMM, overall end-use demand was weak in June, with several copper cathode rod enterprises experiencing a certain decline in exports. However, demand in the Southeast Asian market remained stable overall, while domestic deep-processing carry-over demand increased, resulting in only a slight decline in total exports in June. Entering July, with the fall in copper prices, the foreign trade market improved, while domestic carry-over demand persisted. SMM expects that the exports of copper wire rod will recover in July.